St. Louis Financial Planners Asset Management LLC Makes New Investment in NVIDIA Corporation $NVDA

Key Points

• St. Louis Financial Planners Asset Management LLC purchased 24,776 shares of NVIDIA Corporation for approximately $3.91 million, making it the firm's 6th largest holding, representing 3.0% of their investment portfolio.
• Several institutional investors have increased their stakes in NVIDIA, with about 65.27% of the stock currently owned by hedge funds and other institutions.
• NVIDIA reported a 55.6% year-over-year increase in revenue, with quarterly earnings surpassing estimates, positioning the company favorably among analysts who forecast a Moderate Buy rating.

St. Louis Financial Planners Asset Management LLC bought a new stake in NVIDIA Corporation (NASDAQ:NVDA - Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 24,776 shares of the computer hardware maker's stock, valued at approximately $3,914,000. NVIDIA accounts for about 3.0% of St. Louis Financial Planners Asset Management LLC's portfolio, making the stock its 6th largest holding.

Other hedge funds have also made changes to their positions in the company. Copia Wealth Management purchased a new position in shares of NVIDIA in the 4th quarter valued at $50,000. Kathleen S. Wright Associates Inc. increased its stake in NVIDIA by 169.3% during the 1st quarter. Kathleen S. Wright Associates Inc. now owns 404 shares of the computer hardware maker's stock worth $44,000 after buying an additional 254 shares during the period. Barnes Dennig Private Wealth Management LLC purchased a new stake in NVIDIA during the 1st quarter worth $51,000. Bruce G. Allen Investments LLC increased its stake in NVIDIA by 198.2% during the 1st quarter. Bruce G. Allen Investments LLC now owns 492 shares of the computer hardware maker's stock worth $53,000 after buying an additional 327 shares during the period. Finally, Campbell Capital Management Inc. increased its stake in NVIDIA by 5,900.0% during the 1st quarter. Campbell Capital Management Inc. now owns 600 shares of the computer hardware maker's stock worth $65,000 after buying an additional 590 shares during the period. Hedge funds and other institutional investors own 65.27% of the company's stock.

NVIDIA Stock Performance

Shares of NASDAQ NVDA traded up $6.94 during midday trading on Monday, hitting $183.61. The company's stock had a trading volume of 268,372,112 shares, compared to its average volume of 180,339,776. NVIDIA Corporation has a 1-year low of $86.62 and a 1-year high of $184.55. The firm's fifty day moving average price is $175.73 and its 200-day moving average price is $143.85. The company has a debt-to-equity ratio of 0.08, a quick ratio of 3.60 and a current ratio of 4.21. The firm has a market cap of $4.46 trillion, a P/E ratio of 52.31, a P/E/G ratio of 1.28 and a beta of 2.10.

NVIDIA (NASDAQ:NVDA - Get Free Report) last posted its quarterly earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 EPS for the quarter, beating the consensus estimate of $1.01 by $0.04. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. The business had revenue of $46.74 billion during the quarter, compared to analyst estimates of $45.65 billion. During the same period in the previous year, the business posted $0.68 EPS. The company's quarterly revenue was up 55.6% on a year-over-year basis. NVIDIA has set its Q3 2026 guidance at EPS. On average, sell-side analysts forecast that NVIDIA Corporation will post 2.77 EPS for the current fiscal year.

NVIDIA Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 2nd. Shareholders of record on Thursday, September 11th will be paid a dividend of $0.01 per share. This represents a $0.04 dividend on an annualized basis and a yield of 0.0%. The ex-dividend date of this dividend is Thursday, September 11th. NVIDIA's payout ratio is presently 1.14%.

Analysts Set New Price Targets

NVDA has been the topic of several analyst reports. Wolfe Research lifted their price target on shares of NVIDIA from $220.00 to $230.00 and gave the stock an "outperform" rating in a research note on Thursday, August 28th. Raymond James Financial lifted their price target on shares of NVIDIA from $150.00 to $165.00 and gave the stock a "strong-buy" rating in a research note on Thursday, May 29th. Summit Insights raised shares of NVIDIA from a "hold" rating to a "buy" rating in a research note on Thursday, May 29th. Evercore ISI boosted their target price on shares of NVIDIA from $190.00 to $214.00 and gave the stock an "outperform" rating in a research report on Friday, August 22nd. Finally, Morgan Stanley boosted their target price on shares of NVIDIA from $206.00 to $210.00 and gave the stock an "overweight" rating in a research report on Thursday, August 28th. Four research analysts have rated the stock with a Strong Buy rating, thirty-six have given a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat.com, NVIDIA has an average rating of "Moderate Buy" and an average price target of $208.47.

Insider Buying and Selling at NVIDIA

In other NVIDIA news, CEO Jen Hsun Huang sold 75,000 shares of the business's stock in a transaction dated Wednesday, July 2nd. The shares were sold at an average price of $156.39, for a total transaction of $11,729,250.00. Following the completion of the transaction, the chief executive officer directly owned 75,173,225 shares of the company's stock, valued at $11,756,340,657.75. The trade was a 0.10% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Ajay K. Puri sold 168,195 shares of the business's stock in a transaction dated Wednesday, June 25th. The shares were sold at an average price of $152.64, for a total transaction of $25,673,284.80. Following the transaction, the executive vice president directly owned 4,018,547 shares of the company's stock, valued at $613,391,014.08. The trade was a 4.02% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 3,914,341 shares of company stock valued at $662,228,310 in the last ninety days. Company insiders own 4.17% of the company's stock.

NVIDIA Profile

NVIDIA Corporation provides graphics and compute and networking solutions in the United States, Taiwan, China, Hong Kong, and internationally. The Graphics segment offers GeForce GPUs for gaming and PCs, the GeForce NOW game streaming service and related infrastructure, and solutions for gaming platforms; Quadro/NVIDIA RTX GPUs for enterprise workstation graphics; virtual GPU or vGPU software for cloud-based visual and virtual computing; automotive platforms for infotainment systems; and Omniverse software for building and operating metaverse and 3D internet applications.